Cooperation in the Classroom: Experimenting with Research Joint Ventures

This paper describes a classroom exercise that illustrates the investment incentives facing firms when technological spillovers are present. The game involves two stages in which student “sellers” first make investment decisions then production decisions. The classroom game can be used to motivate discussions of research joint ventures, the free-rider problem, collusion, and antitrust policy regarding research and development.

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Year of publication:	2005-03-10
Authors:	Goeree, Michelle Sovinsky ; Hinloopen, Jeroen
Institutions:	EconWPA

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Extent:	application/pdf
Series:	General Economics and Teaching.
Type of publication:	Book / Working Paper
Notes:	Type of Document - pdf; pages: 17 17 pages
Classification:	A - General Economics and Teaching
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005556523